ALAI vs LCDS
Alger AI Enablers & Adopters ETF vs JPMorgan Fundamental Data Science Large Core ETF
Which is better, ALAI or LCDS?
Each has led over a different period.
LCDS has a lower expense ratio. ALAI led over the full window, LCDS over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ALAI | LCDS |
|---|---|---|
| Expense Ratio | 0.58% | 0.30%Best |
| AUM | $2.1B | $16M |
| Dividend Yield | 1.31% | 0.86% |
| Holdings | 146 | 231 |
| YTD Return | +12.15% | +12.48%Best |
| 1Y Return | +10.90% | +13.20%Best |
| Volatility (annualized) | 27.5% | 11.7%Best |
| Max Drawdown | -29.4% | -18.4%Best |
| $10,000 over 2.3 years | $20,802Best | $14,739 |
| Fund Family | Alger | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 4, 2024 | Aug 7, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Aug 8, 2024 to Nov 11, 2026 (2.3 years).
ALAI vs LCDS growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.3 years both funds cover.
ALAI vs LCDS Performance
Alger AI Enablers & Adopters ETF (ALAI) is an ETF from Alger and JPMorgan Fundamental Data Science Large Core ETF (LCDS) is an ETF from J.P. Morgan Asset Management. Over the past year ALAI returned +10.90% while LCDS returned +13.20%. Year to date, ALAI is up 12.15% versus a gain of 12.48% for LCDS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ALAI has been the more volatile fund, with annualized monthly volatility of 27.5% compared with 11.7% for LCDS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -29.4% for ALAI and -18.4% for LCDS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ALAI charges 0.58% per year while LCDS charges 0.30%. On a $10,000 position that is $58 vs $30 annually, a gap of $28 per year that compounds over a long holding period. On income, ALAI currently yields 1.31% against 0.86% for LCDS.
Holdings Overlap
At least 42.2% of LCDS's money is in holdings ALAI also owns.
Stated as a floor: for ALAI, our book for it covers 95.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
17 positions in common, counted across the 58 positions we hold weights for in ALAI and 114 in LCDS, against full books of 146 and 231.
Top Shared Holdings
| Stock | Weight in ALAI | Weight in LCDS | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.17% | 8.87% | 4.30% |
| MSFTMicrosoft Corp | 8.15% | 6.81% | 1.34% |
| AAPLApple Inc | 1.76% | 7.62% | 5.86% |
| AMZNAmazon.Com Inc | 4.83% | 4.24% | 0.59% |
| METAMeta Platforms Inc | 5.14% | 3.04% | 2.10% |
| AVGOBroadcom Inc | 3.72% | 2.29% | 1.43% |
| MUMicron Technology, Inc. | 2.42% | 2.28% | 0.14% |
| STXSeagate Technolo | 3.35% | 0.98% | 2.37% |
| AMDAdvanced Micro Devices Inc | 2.23% | 1.59% | 0.64% |
| TSLATesla Inc | 1.65% | 1.29% | 0.36% |
42.2% of LCDS is already inside ALAI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, ALAI or LCDS?
ALAI has an expense ratio of 0.58% while LCDS charges 0.30%. LCDS is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, ALAI or LCDS?
Over the past year ALAI returned +10.90% vs +13.20% for LCDS, so LCDS leads on 1-year performance. Over the longest common window we track (2 years), ALAI annualized +37.50% vs +18.37% for LCDS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALAI or LCDS?
ALAI has been the more volatile fund at 27.5% annualized versus 11.7% for LCDS. Worst drawdown: ALAI -29.4% vs LCDS -18.4%.
Should I hold both ALAI and LCDS?
ALAI and LCDS have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ALAI and LCDS?
At least 42.2% of LCDS's money is in holdings ALAI also owns. Our book for ALAI is partial, so the real figure is this or higher. They hold 17 positions in common, counted across the 58 positions we hold weights for in ALAI and 114 in LCDS.
Which pays a higher dividend, ALAI or LCDS?
ALAI yields 1.31% while LCDS yields 0.86%, so ALAI currently pays the higher dividend yield.
Is LCDS better than ALAI?
LCDS has a lower expense ratio. ALAI led over the full window, LCDS over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.